The IRS has officially announced the start of the 2026 tax filing season: Monday, January 26.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Did you claim the Employee Retention Credit (ERC) that has been ...
The federal tax deadline for 2024 is set for April 15, 2025. Missing this date can lead to additional charges, making it crucial to file on time. Even if full payment isn't possible, submitting your ...
The Internal Revenue Service (IRS) in a recent publication reminded taxpayers that they do not have to wait until April 15 to file their 2024 federal income tax returns. But if you owe taxes and can't ...
Imagine opening a letter from the IRS in early June that says you owe $6,000 in federal income taxes for 2023. Except you paid that bill. On time, mind you. And now, the IRS is sending you a notice ...
For millions of people, tax season is over. They’ve filed their returns and have already received their refunds. And now they’re looking forward to a big purchase or vacation funded with that payment.
If you earn six figures and haven’t been filing your taxes, the IRS may come knocking. The agency said Wednesday that it is stepping up its efforts to visit high-income taxpayers who failed in prior ...
The ongoing government shutdown has the IRS in zombie mode: walk-in Tax Assistance Centers closed, some refunds delayed, and about half the agency’s employees on furlough. Like most bureaucracies, the ...
As the Internal Revenue Service prepares for a delayed tax season, delivering stimulus checks to millions of Americans and other new mandates in response to the novel coronavirus pandemic, a large ...
WASHINGTON, D.C. (NEWS10) – The IRS urged taxpayers Monday to look into options to avoid being subject to estimated tax penalties, which apply when someone underpays their taxes. Taxpayers who paid ...
GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take a breath because you have options. You have a few weeks to develop a plan ...